Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: What do you guys think
by
arufox
on 24/06/2023, 13:44:18 UTC
⭐ Merited by rby (1)
I fellas I have two questions to ask crypto experts and investors in this forum today

1. Is this a good time to build crypto portfolio?
2. Do you really think that bear market will be a dipping as 2018?

Now that crypto is gaining more investors day by day and crypto adoption is increasing massively I don't think that the next bear market will be crazily low like 2018/2019, what do you think?
1. The right time to build a crypto portfolio really depends on your goals, risk tolerance, and knowledge of the crypto market. Even though crypto adoption continues to increase, market volatility remains high and its value can fluctuate rapidly. If you have a solid understanding of blockchain technology, and the projects you invest in and are ready to take on the risks associated with the crypto market, then now can be considered a good time to build a crypto portfolio. However, it is important to do thorough research on projects you are interested in and not invest more than you can afford to lose.

2. Regarding whether the next bear market will decrease like in 2018/2019, it is difficult to make definite predictions. The crypto market tends to be very volatile and it is difficult to predict price movements with high accuracy. Even though crypto adoption has increased significantly since 2018, there are other factors such as market sentiment, and global economic influences that can influence price movements. It is important to remember that the crypto market can experience significant bearish periods, and you must be prepared for volatility and manage risk wisely.

Therefore, there are no guaranteed profits in the crypto market, and managing risks carefully is key to achieving the desired results in the long term.